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Discover the Global Cardamom oil Market Size & Share, Growth, Trends and Forecast 2017 - 2025
MarketResearchReports.Biz announces addition of new report "Cardamom oil Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" to its database.This exclusive report will provide you with the market size and forecast (US$ Mn) for the global market and its segments for the period from 2015 to 2025 along with the growth rate (CAGR) from 2017 to 2025, considering 2016 as base year. In addition, drivers, restraints and opportunities, competitive landscape have also been covered under the current proposed table of contents, which will in due course help you to take strategic decisions with respect to the market.
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Cardamom is commonly found in the Asia Pacific, North America and Middle East regions. It is well-known among the spices in cooking for its fascinating flavor. The oil of cardamom is extracted from dried seeds of cardamom through hydro distillation process which is furthercar used for variety of applications. The Cardamom Oil extract comprises of various Essential Components like Pinene, 8-Cineole, A-Terpineol Acetate, Limonene, Terpinen-4-Oil, Linalyl Acetate, Myrcene, Nerol, Phellandrene, Citronellol, Linalool, Sabinene, Trans-Nerolidol and others. Increasing applications in personal care products is serving the market growth. Cardamom oil possess the beneficial properties such as antiseptic, boosts digestion, used in aromatherapy, antimicrobial, aids proper digestion and relives muscle spasms. These properties are expected to boost the demand for cardamom oil market during the forecast period.
Segmentation:-
The global cardamom oil market is segmented by type, by applications, and by distribution channels. Cardamom oil market by type is segmented into Amomum cardamom oil and Elettaria cardamom oil. Elettaria cardamom is also known as green cardamom or true cardamom. Amomum cardamom is known as Kravan or black cardamom which is extensively used in cooking. By grade cardamom oil market is segmented into medical grade, cosmetic grade and food grade. By application cardamom oil market is segmented into Food and Beverages, Cosmetics and Personal care, pharmaceutical and others. Among all the segment pharmaceutical segment is expected to have potential market share in terms of value followed by cosmetic and personal care segment. By distribution the cardamom oil market is segmented into Direct and indirect sales channels. Indirect sales is further sub segmented into modern trade, departmental store, E-Commerce, Specialty Store, drug stores and others.
Global Market Drivers and Restraints:-
Rising demand of cardamom oil in the healthcare and pharmaceutical industries due to antibacterial properties which can be used in medicines related to muscles treatment is expected to boost the market. Increasing use of cardamom oil in food, medicine and cosmetics is further expected to bolster the market growth. Cardamom oil is also finding its application in aromatherapy and in other uses like air fresheners will grow the demand of the product in market. Encouraging demand for natural flavoring and coloring agent is also expected to increase the cardamom oil market. Increasing metropolitan population, increasing health awareness and changing lifestyle are some key factors driving the demand for cardamom oil in the global market as these days consumers are more conscious towards products containing natural ingredient and offers various health benefits.
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Regional Outlook:-
Asia Pacific is anticipated to be dominating in the cardamom oil market as they are the largest cardamom producer as well accounting the health and personal care advantages of the cardamom oil will increase its demand in the near future. In Asia Pacific region, India and its neighboring countries is expected to be one of the major consumer to for cardamom oil. In terms of the production Latin America is the largest producer of cardamom across the globe followed by Asia Pacific region. Cardamom oil is one of the best flavoring agent thus increasing demand for cardamom oil in bakery, and other culinary products is expected to boost the cardamom oil market in North America and Europe. Its use in aromatherapy is increasing and other such properties will robust the growth of cardamom oil market in Middle East and Africa.
Key Players:-
Some of the major key players of the cardamom oil market are doTERRA International LLC, Shiv Sales Corporation, Green Fields Oil Factory, Elettaria, Shaanix Guanjie Technology, Aromaaz International and Nelixia.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
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Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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